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google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's within a few dollars, it may be a better purchase for someone to buy it locally or to be able to know that they can get it today if they decide to buy at a physical store." kreuger says some of the most searched gifts for kids this holiday season are leap pad tablets, build-a-bear, and g.i. joe. for adults, searches are up for tablets, laptops and engagement rings. fedex workers serving as santa's little helpers this year will have tough sledding this week. the delivery company expects today will be a record- breaker, with 19 million packages being shipped and delivered. 300,000 employees, plus 20,000 sea
google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's...
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Dec 12, 2012
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if we get the corporate tax down, repatriate dollars into the company, companies like google and starbucks bring it home again. why isn't that being discussed? >> good point. there's a lot of interest in corporate tax reform. we got basically the highest rate in the industrialized world, 35%. that rate should be 25% if ot lower in order to put us at just on a level playing field with the kinds of tax systems that european tax systems have, and that's a -- you're talking about downtown lobbyists and k street, a lot of interest in the business community for that reform. it takes energy of political capital to make those changes. there's a tradeoff in dealing with the cliff and the immediate tax increases on individuals and the capacity to also think more fundamentally. tracy: i hear you. there shouldn't be a tradeoff. we knew it was coming. we saved it for the last minute. it's like people taking laxatives to lose the last five pounds before a wedding. it doesn't work. alex, former ways and means committee, chief economy, it frtrates me, sir, thanks for being here. >> all right, thanks for h
if we get the corporate tax down, repatriate dollars into the company, companies like google and starbucks bring it home again. why isn't that being discussed? >> good point. there's a lot of interest in corporate tax reform. we got basically the highest rate in the industrialized world, 35%. that rate should be 25% if ot lower in order to put us at just on a level playing field with the kinds of tax systems that european tax systems have, and that's a -- you're talking about downtown...
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starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this hour security tightens in egypt as law protests new supporters are nothing and so president mohamed morsi are said to confront each other again as the nation ready for a referendum on the job constitution plus. he says well. he won't have no bread. i said way way to maybe one day you mean. he's saying he will never hand and true. blood from having a baby we see if the victims of the usa jennings program have any chance of having their personal tragedies recognize this story and much more after a short break. an artist was arrested for putting up posters critical of drone usage all over new york ci
starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this...
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from all over the tend not to come to this conference with this pompous ass like starbucks and apple google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way companies and the wealthy have been dodging paying their fair share most people argue to discuss these companies do not a very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different regulation and taxation between different countries to their advantage companies like. the head office is based in luxemburg which they claim is the center of the economic operations which is handy as luxembourg so well known in tax haven where companies can enjoy a lower tax rate but hang on a minute here one of amundsen's must've disturb the sense that it is based in the u.k. in fact the reality is that many of our customers to their employees and many will distribute incentives like this while i respect base here in the united kingdom so it's not hard to see that the relatively small luxembourg office is n
from all over the tend not to come to this conference with this pompous ass like starbucks and apple google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way companies and the wealthy have been dodging paying their fair share most people argue to discuss these companies do not a very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different...
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the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. bahrain's leading human rights activists is staying behind bars but nothing about jobs got a three year sentence reduced on appeal despite international pressure on the mall . he to stop persecuting political activists we talk more about that but later the story of an american woman who was forcibly sterilized as a teenager is part of a government program to build a so-called healthy nation as a couple of the many and very stories we got ahead of this. an artist was arrested for putting up posters critical of drone usage all over new york city the p
the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax...
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cut success untaught success story you expect do you expect google amazon other u.s. multinationals to follow suit or even to broaden this campaign yeah i think the issue here is clearly we're glad that they're getting movement we're getting traction and there's signs that people are starting to wake up to the problem even those people like osborne and alexander who before bury their heads in the sand but the question here is not that is important you know starbucks google and amazon. enter negotiations but it's not up to them to change the law they. you know be covering up massively more but the government should be taken strong action to stop it in the future and have new legislation have new laws to say right this is tax avoidance if it looks like tax avoidance and it smells like tax what it is is tax avoidance and we can have a broad principle that rules out because otherwise what the companies warn they want to think. regulation which isn't just another way where they can hire expensive accountants to get around the law and then siphon their money their into thei
cut success untaught success story you expect do you expect google amazon other u.s. multinationals to follow suit or even to broaden this campaign yeah i think the issue here is clearly we're glad that they're getting movement we're getting traction and there's signs that people are starting to wake up to the problem even those people like osborne and alexander who before bury their heads in the sand but the question here is not that is important you know starbucks google and amazon. enter...
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but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model as it tries to expand beyond the deal a day business, that's its core business. >> julia, thank you very much. >>> google stashing billions in off-shore accounts to save a few bucks in taxes and what the deal with jc penney? are they having deals or not? we will discuss it more when we come back. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't n
but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model...
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what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right, finally, this john mcafee story is right out of hollywood. we need to start casting the movie. one likely candidate is vladic sheybal who played dr. boogalow. but i found the late, great roy shader, seen as bob fossey in "all that jazz." unfortunately, they are both dead. so, casting remains open. i see on the set one person with facial hair and i think -- if pete had a really, really, really hard weekend, monday morning, he could play john mcafee. >> i had a rough one this weekend, as a matter of fact. boy, that was tough. >> little extra time with tequila mocking bird. >> meggings were too tight? >> no meggings here. >> have you hear
what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right,...
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Dec 7, 2012
12/12
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coming up monday, how people are turning to google for christmas gift ideas. from all of us at first business, thank you for watching, and happy chanukah! >>> tragedy at last nights raider game. the fall that led to a fan being seriously injured. >>> two south bay restaurants evacuated after a fire. the reason the recent storms is to blame. >>> a strong earthquake jolts the same area of last years quake and tsunami. >>> good morning, everybody it's friday, december 7th i'm brian flores. >> and i'm pam cook. time now almost 4:30. rosemary orozco is in for steve today. so after the big storm steve decided he needed ha little break. >> he's a little tired. good morning, to you. happy friday. we are in for a dry weekend. modest warming trend under way. we are waking up a lo
coming up monday, how people are turning to google for christmas gift ideas. from all of us at first business, thank you for watching, and happy chanukah! >>> tragedy at last nights raider game. the fall that led to a fan being seriously injured. >>> two south bay restaurants evacuated after a fire. the reason the recent storms is to blame. >>> a strong earthquake jolts the same area of last years quake and tsunami. >>> good morning, everybody it's friday,...
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Dec 11, 2012
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former ceo mike lynch speaking out. >> why are apple and google now teeming up? >> hey, carolyn and larry. yes, they are bitter rifles but now, they'ring teeming up to get their hands on kodak's patch portfolio. reportedly offering $500 million to buy some of the imaging pal yents. as for kodak, it's trying to fund a turn around. and some new comments from former economy ceo mike lynch after hackers accused his company of using questionable accounting. he says hp is ignoring his letter explaining how there is a write down.80x >> this is a letter you can find on my web site. and it's a simple question. nothing controversial, that you can just relie to. let's get some answers. >> hp says it turned over evidence to authorities in us us and uk for investigation. also, $1.9 pillin in an prosecution agreement settling u.s. probes of money laundering tied to europe's largest banks. surss say that would make it the largest foriture ever by a bank. in a agreement, prosecutors allow a target to avoid prosecution by meeting certain conditions, including payment of fines or
former ceo mike lynch speaking out. >> why are apple and google now teeming up? >> hey, carolyn and larry. yes, they are bitter rifles but now, they'ring teeming up to get their hands on kodak's patch portfolio. reportedly offering $500 million to buy some of the imaging pal yents. as for kodak, it's trying to fund a turn around. and some new comments from former economy ceo mike lynch after hackers accused his company of using questionable accounting. he says hp is ignoring his...
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once before you actually believe tax avoid it's ok to legally tell you what starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from surf r.t. london. excuse for a jailed human rights activist in bahrain tonight leading campaign in his prison term cut from three to two years on appeal. but there's been widespread calls for his release following his conviction in august for organizing illegal gatherings and inciting violence international pressure is mounting on the monarchy to stop persecuting political activists i spoke to had a over salaries of from a bahraini m.p. and human rights activist in manama he says the sentence was reduced to appease the international rights groups. unfortunately we hear toda
once before you actually believe tax avoid it's ok to legally tell you what starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax...
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the tax avoid is ok to legally tell you what starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah ferguson r.t. london just spoke to one man disease from a dutch based firm specializing in tax avoidance helping clients use legal loopholes in setting up companies and tax haven see insists though people have an obligation to pay as little as they can. taxation is actually a very inefficient way to get services it's much more efficient over done by the free market in a free market when there is competition between companies prices go down and quality goes up. but when when you allow government to take a huge chunk of the nation's income through taxation the result is not just that it's detr
the tax avoid is ok to legally tell you what starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from...
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the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok is that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london let's go next perhaps you should we talk to our members he's from a dutch based firm specializing in tax avoidance of the term right helping clients use legal loopholes. and setting up companies in tax havens get even to serve but you're popular with some people everybody wants to pay as little tax as possible as one of those things we've all got to pay it we're talking about the e.u. losing around a trillion euros a year from tax avoidance and evasion how do you justify this journey of crisis when people are seeing what little cash they have got al
the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok is that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax...
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let's take a look at google. now this is fascinating tax avoidance. you can name so many companies that do this. bloomberg wrote this story about google as an example of how they do this. google avoided $2 billion in worldwide income taxes by 2011 by shifting $9.8 billion in revenues to a bermuda shell company. they do things like the double irish and the dutch sandwich, which sounds like a different kind of sandwich to me because we're going to have to eat those taxes. if we lived in a real democracy do you think people would let corporations like google shift $9.8 million in taxes away from us or $2 billion in taxes all over the world away from themselves an on to us? that wouldn't happen in a democracy. but in our form of government the people who are served, the people who are represented are the one who is are the largest donors. if you look at how much google gave president obama as an example they gave $737,055. they were his third largest donor. weird how they get to get away with all those tax avoidance schemes. of course, they're not the onl
let's take a look at google. now this is fascinating tax avoidance. you can name so many companies that do this. bloomberg wrote this story about google as an example of how they do this. google avoided $2 billion in worldwide income taxes by 2011 by shifting $9.8 billion in revenues to a bermuda shell company. they do things like the double irish and the dutch sandwich, which sounds like a different kind of sandwich to me because we're going to have to eat those taxes. if we lived in a real...
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Dec 11, 2012
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a tax strategy helped save google around $2 billion in 2011. recent filings show that google shifted $9.8 billion in revenue into a company in bermuda - a country that is free of corporate income tax. while legal in the u.s., the tax strategies have angered european officials, who argue that big companies including google and starbucks do not pay enough taxes abroad. google says it follows all tax laws and helps create jobs and fuel investments overseas. thanks chuck. up next, two ways traders are using gps to potentialy make money. chart talk is coming up. we have located scott bauer of trading advantage to talk about a couple of stocks that might be in for major rallies, starting with garmin, which makes gps products, and gap, which happens to trade under the ticker gps. good to have you on the show. > > good segue angie. > i thought it was pretty cute. let's take a look at garmin first, which makes the gps. what do you see in the charts that you like here? > > after the announcement a couple weeks ago that it was being added to the s&p 500 i
a tax strategy helped save google around $2 billion in 2011. recent filings show that google shifted $9.8 billion in revenue into a company in bermuda - a country that is free of corporate income tax. while legal in the u.s., the tax strategies have angered european officials, who argue that big companies including google and starbucks do not pay enough taxes abroad. google says it follows all tax laws and helps create jobs and fuel investments overseas. thanks chuck. up next, two ways traders...
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neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the government. still at 33 bucks even though it's down after-hours up from the re-ipo after the financial crisis. >> and it's something that will make the ceo very, very happy. the last couple times he's been on this program, he has been campaigning publicly for the government to do just that. he wants them off his balance sheet and off his back. >> it was an unpopular risk to begin with. so brings this all into the era. >> as kayla pointed out, it turned out to be profitable for the country. >> absolutely. >>> in the meantime, death tax would jump. we talk about why it might cost someone'
neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the...
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google is spending a significant amount of money to see we can do better. what the big frustration is what we talk about education but many of the other social problems that we talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds beyond our borders. there are opportunities to shake things up and to cut some of the costs by allowing kids to enter world's and realms of the have never been allowed to enter before through technology and we need to spend more time figuring out how we change that paradigm if we know it. particularly for the pre-k through high-school. how can we learn better based on what we know today? >> let me try two more before we open it up to questions. warren buffett says tax rates do not matter as much as a lot of people pretend when it comes to companies and investment and inno
google is spending a significant amount of money to see we can do better. what the big frustration is what we talk about education but many of the other social problems that we talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds...
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Dec 7, 2012
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google announced its new media streaming device is made in the usa. speculation is now rampant about what computer and where in the u.s. apple will manufacture. some see apple's decision as a pr move. one user says it's right for the times. >> i hope it's something tangible. they should intentionally think of their shareholders but also stake holders. people on the ground working on the apple phones. >> reporter: low worker wages and low shipping costs were some of the reasons companies moved their manufacturing overseas. fuel costs are up and worker wages in china have risen 15 to 20% in recent years. >> after doing some downsizing starbucks is back to brewing up expansion plans. they include yet another san francisco store at market and sanchez. cbs 5 reporter mike sugerman tells us some are trying to grind that to a halt. >> reporter: there are 85 starbucks properties in san francisco. could we 86 the 86th? >> it will change the character. >> ity it will be a good addition. >> reporter: starbucks wants to add 1500 new stores in the u.s. over the ne
google announced its new media streaming device is made in the usa. speculation is now rampant about what computer and where in the u.s. apple will manufacture. some see apple's decision as a pr move. one user says it's right for the times. >> i hope it's something tangible. they should intentionally think of their shareholders but also stake holders. people on the ground working on the apple phones. >> reporter: low worker wages and low shipping costs were some of the reasons...
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Dec 10, 2012
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he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in the voter guide which was sent to all of us. they neglected to mention the rector active portion of it. i think a lot of people were really surprised by that. so many businesses still get started in silicon valley because that is where the talent is. the regulation, state and higher taxes in the state do not matter. will this really start to hurt business formation there, do you think. >> i think that is a great question. it is about a 30% tax increase california has done is almost double the taxable gain great. i feel like california is an amazing place. the sil
he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in...
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internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hosting the three straight day of gains, s
internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick...
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Dec 12, 2012
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look at google taking their money to bermuda. look at all the corporations who can't stand to pay 35% income tax in america that won't bring their money home. money goes where it is welcome. >> let me ask you about google. google managed to do tax avoidance, but i is not illegal, by putting money in bermuda and i think they saved $2 billion in tax avoid dance. what efforts are being done by the democrats or the republicans to discourage that type of lawful avoid dance, but nonetheless, a huge amount of money for a very wealthy company? >> i'm not against them doing that. in fact, i compliment them because that money stayed in the private marketplace. but i would say to folks who are doing that, don't come to washington and agitate for higher taxes if you are avoiding taxes. by all means, continue to legally avoid as many taxes as you can because that keeps money in the private marketplace and helps to create jobs. i'm all for that. but don't come at the same time and go tore higher taxes because we need lower the boys use capital
look at google taking their money to bermuda. look at all the corporations who can't stand to pay 35% income tax in america that won't bring their money home. money goes where it is welcome. >> let me ask you about google. google managed to do tax avoidance, but i is not illegal, by putting money in bermuda and i think they saved $2 billion in tax avoid dance. what efforts are being done by the democrats or the republicans to discourage that type of lawful avoid dance, but nonetheless, a...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? >> john: president roosevelt declared december 7, 1941, a day that will live in infamy. on this anniversary of the surprise attack on pearl harbor, william la jeunesse introduces us to a remarkable man. who survived attacks on two battleships. a
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it...
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google says it was a global service disruption but after 5- 10 minutesb the service was -- minutes the service was back online. >>> the federal trade commission announced it is investigating certain mobile apps to app. they can capture a child's location, phone numbers and more. the fcc did not specify which companies it is investigating. the act requires companies to gets parental consent before collecting information from children. >>> the vote on facebook's privacy policy ended today. they will go ahead with the policy changes. the vote was 7-1 against the changes. facebook rules require 30% of subscribers to vote. only .07% voted in the election that ended today. >>> george hw abush remains -- george h. w. bush remains hospitalized. he is 88 years old. he is making progress but doctors haven't set a date for discharge. and doctors in south africa plan to perform more tests on nelson mandela who is 94 years old. he was admitted to the hospital over the weekend but no details were released about why he was hospitalized. >>> ford plans to update software to try to solve a problem. for
google says it was a global service disruption but after 5- 10 minutesb the service was -- minutes the service was back online. >>> the federal trade commission announced it is investigating certain mobile apps to app. they can capture a child's location, phone numbers and more. the fcc did not specify which companies it is investigating. the act requires companies to gets parental consent before collecting information from children. >>> the vote on facebook's privacy policy...
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up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years and i know apple has been wanting to do this. it's been a thorn in the side of apple. stuart: it's for political reasons? >> it's for political reasons, sure, and the thorn in the side is tim cook to deal with worker conditions. >> no, no, no. >> sure. >> you can't tell me, the chief executive says i'm tired of getting on that plane and going to china. >> and i don't know that he cares about getting on the plane. he's tired of the negative pr. >> right. >> and now to the real point. and it's a drop in the bucket. this is all simply to fight the pr war. by the way he said something interesting,
up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years...
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there's positive things being said about microsoft and google. when you look at alternative operating systems, whether it's microsoft and their own hardware, this to me is the issue and has always been their issue, they're not going to be able to stave off hardware which becomes indistinguishable. and when you get to places where margins are cut razor thin and will do it better than apple, they can do it cheaper. this is the fundamental issue, it's not a technical issue. >> i would disagree on a microsoft side. microsoft reported their original os 8 numbers. they didn't give any of the surface numbers there. i think you're exactly right in terms of android. especially in an emerging market, that's becoming a bigger deal. keep in mind it's getting to some of these numbers for next year, it doesn't require the big apple growth that they've had. in other words, if they can just gain a fractional share and get to where they want to go. let android have a lot of the emerging markets and apple can beat the street numbers for 2013. >> gene, brian kelly.
there's positive things being said about microsoft and google. when you look at alternative operating systems, whether it's microsoft and their own hardware, this to me is the issue and has always been their issue, they're not going to be able to stave off hardware which becomes indistinguishable. and when you get to places where margins are cut razor thin and will do it better than apple, they can do it cheaper. this is the fundamental issue, it's not a technical issue. >> i would...
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your bloomberg silicon valley index is lower, some of the apple, ora cell and google.$!uÑ amazon will run on the company's kindel fire tab blets featuring books, apps ask videos from content providers. members. i'm willow bay with bloomberg west, back to you. >> thank you. >> women are making in roads in the legal and medical fields. in 2010 women held a third of all legal jobs up from 29% in 2000. and in the medical field women had about about 32% of the jobs in 2010 compared to just under 27% in 2000. numbers do show a gap still exists. in 2007 median income for a female loier was $90,000. for female doctor around $112,000, that is $186,000 for men. researchers say the gap is largely due to women taking time off to raise children or opting for less demanding position autos turning to the forecast once again, and another dousing today but it looks like things are getting better. >> they are. >> are we going to get the break, spebser? >> like spring time for october. yes. things are improving. here is a live view. this mount tam or wujering heights? things looktx5reary
your bloomberg silicon valley index is lower, some of the apple, ora cell and google.$!uÑ amazon will run on the company's kindel fire tab blets featuring books, apps ask videos from content providers. members. i'm willow bay with bloomberg west, back to you. >> thank you. >> women are making in roads in the legal and medical fields. in 2010 women held a third of all legal jobs up from 29% in 2000. and in the medical field women had about about 32% of the jobs in 2010 compared to...
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. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird. four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington, nothing we can do. >> welcome, i'm neil cavuto and 40 years after man left the lunar surface, politicians barely scratching the surface. >> 20 years after the astronauts made the impossible, possible. finger pointing spend thrifts who make the possible, impossible. how did we go from reaching for the srs to reaching t the other guy's throats. the astronauts who went to the moon and here for yourself, a jaw dropping special, it's a rare tv first in which we were granted unprecedented access to never before seen footage and exclusive interviews with the men who got usthere. i d
. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird. four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington,...
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google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] a delicious new way to get essential vitamins you need. just bite into the tasty shell... to a chewy vitamin core for a unique multivitamin sensation! new centrum flavor burst. >>> a very warm start to december means bare slopes at many ski resorts across the country, like here in central virginia. resorts that hoped to open this weekend are delaying those plans. >>> winter will come eventually. so, here's a warning from sweden. one very unlucky driver leaving the car window open during a storm. filling his ride, yeah, with lots of snow. good luck digging out of that one. never seen that before. look at that. >> that's unfortunate. i'm not going to be able to make it to work today. >> try the defroster, dude. >>> now, for a look at road conditions. highways can be wet from charleston, south carolina, to savannah. and showers will dampen roads around louisville, omaha and des moines. a slick ride from seattle to portland. >> and a gr
google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] a delicious new way to get essential vitamins you need. just bite into the tasty shell... to a chewy vitamin core for a unique multivitamin sensation! new centrum flavor burst. >>> a very warm start to december means bare slopes at many ski resorts across the country, like here in central virginia. resorts that hoped to open this weekend are delaying those...
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we reached out to google for comment. we haven't heard back from them just yet. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the negotiations are continuing, zoraida. exactly what those negotiations contain, what's actually happening in them, we're unclear of. so we know that president obama and house speaker john boehner had that one-on-one meeting on sunday, it was their first since mid-november. discussions have continued but, again, very light on details. both sides yesterday put out statements from a public and then from the white house. very light on details. i'll read just one of them for you. quote, discussions with the white house are taking place but we have no
we reached out to google for comment. we haven't heard back from them just yet. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the...
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Dec 11, 2012
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and as for google, we reached out to them, no comment. but ted, google did tell bloomberg it complies with all tax rules. ted? >> we hear this and we hear it every year. ge was in the news last year and it's astounding to people that they're not paying taxes. are regulators in any country doing anything about this? >> well, see, here's the thing. since it's legal, what it boils down to is really this. it's up to governments around the world to change their tax codes. i mean, last week the european commission recommended that countries create pa blacklist of common tax havens and also encourage them to change laws to curb tax abuses. the uk has held hearings and issued reports on this. and it's spending millions to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an upd
and as for google, we reached out to them, no comment. but ted, google did tell bloomberg it complies with all tax rules. ted? >> we hear this and we hear it every year. ge was in the news last year and it's astounding to people that they're not paying taxes. are regulators in any country doing anything about this? >> well, see, here's the thing. since it's legal, what it boils down to is really this. it's up to governments around the world to change their tax codes. i mean, last...
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12/12
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if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty that google has to their shareholders. while david callahan says such strategies could hurt the brand. great to have you with us. ben, let me get to you today. we'll get into the ethics in a second. but you say it is good for shareholders. >> i think it's what they have to do. it's their fiduciary duty to protect shareholders and pay as low a tax rate as they legally can. and in this case, that is what they're doing. >> but ethically it feels a little dirty, doesn't it? if all these american companies are hiding their revenues elsewhere. >> i think this is what they have to do. they have leg
if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty...